Title :
Notice of Retraction
Optimization of oil-gas exploration and development investment structure
Author :
Yin Ai-zhen ; Zhang Zai-xu
Author_Institution :
Coll. of Economic Adm., China Univ. of Pet., Dongying, China
Abstract :
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
The Optimization of oil-gas exploration and development investment structure´s goal is to maintain the oil field enterprise long-term and stability development. The model idea is: First,summary the law of the exploration and development,second, determine the constraints,such as the capital, reserves replacement ratio, and other such constraints; third, forecast the proved reserves of this year exploration investment and exploit these reserves;final, the maximum net present value of investment in exploration and development is the best investment in exploration and development.
Keywords :
gas industry; optimisation; petroleum industry; venture capital; forecasting; oil field enterprise; oil-gas development investment structure; oil-gas exploration; optimization; stability development.The; Economics; Geology; Investments; Optimization; Petroleum; Production; Reservoirs; Exploration and development; Investment optimization; Maximize the net present value;
Conference_Titel :
Computer Application and System Modeling (ICCASM), 2010 International Conference on
Conference_Location :
Taiyuan
Print_ISBN :
978-1-4244-7235-2
DOI :
10.1109/ICCASM.2010.5623116
